Instuitional Investor - Cutler Investment Counsel Llc

Filing Period:
No. Security Ticker Shares Value % Port
1.
Vanguard Index Fds - MID CAP ETF
152,497 $42,834,619 4.77%
2.
Ishares Tr
779,759 $41,140,072 4.58%
3.
Ishares Tr - CORE MSCI EAFE
476,131 $39,747,422 4.42%
4. MSFT 71,473 $35,551,187 3.96%
5.
Spdr Index Shs Fds
783,482 $33,486,035 3.73%